Edge Protection Systems Market

Global Edge Protection Systems Market Size

The size of the global edge protection systems market was valued at USD 449 million in 2023. The global market is further anticipated to grow at a CAGR of 6.99% from 2024 to 2032 and be worth USD 824.7 million by 2032 from USD 480.3 million in 2024.

Edge protection systems are structures designed to protect persons or objects from falling over heights where working at height is unavoidable. It is designed to safeguard the public. It consists of guardrails and handrails that can be used in different locations such as rooftops, train station platforms, football stadiums, Hospitals, chemical facilities, and others that people need to access frequently. Protective techniques are more adopted due to the strict rules and regulations the government implements. If there is a risk of falling from more than two meters height, roof edge protection systems consisting of guardrails are to be used as per the Health and Safety Executive (HSE). If the workers are working above the minimum height of 1000mm, then the edge protection should be increased to prevent the worker from falling. These systems are adaptable in many places or areas where there is a chance for people or objects to fall over.

MARKET DRIVERS

Rising Focus on Public Safety

In major cities, construction activities are increasing year-on-year. With the long-term improvement, there is steady growth in the performance of the construction industry. With the increase in construction, the accidental killing of people is noticed. Every year, many workers in the construction areas are falling from heights and are killed or injured, causing partial/complete disability. Sometimes, some people who have fallen from heights may suffer from ill health, such as musculoskeletal disorders, dermatitis, and others. To avoid such losses, many initiatives are being taken by the government to prevent the loss of people from falling over the heights. Focus on the adoption of protection structures in potentially danger-prone areas is increasing. This results in increased demand and sales for the product, which will propel the edge protection systems market growth during the projected period. The strict norms taken by the government to safeguard the laborers in danger-prone areas drive market growth.

Edge protection systems are mainly used in construction activities as a part of safety measures. The rapid upsurge in construction and increased focus on safety measures in construction resulted in paving the way for a wide range of opportunities for the edge protection systems market to expand the market. The development of innovative designs to meet the expectations of the users will be a market-provoking factor. Increasing demand for various designs in the market will drive growth opportunities in the edge protection systems market. Implementing strict rules and regulations to safeguard the laborers, the government has taken many initiatives that always make the market grow and allow increasing the growth rate. The increasing adoption of novel technologies to prevent the risk of labor falling from the edges of the buildings will provide public safety. Across the world, the increasing construction of multi-story buildings drives market growth.

MARKET RESTRAINTS

High Costs

However, some major restraints include the timely non-availability of the raw materials and high installation costs. High maintenance costs are also projected to be a hindrance to market growth. Timely unavailability of the raw material delays the supply of the systems and sometimes may lead potential customers to find alternative substitutes, which may decrease the demand and sales in the market. So, maintaining a proper inventory will avoid such restraint. The adoption of the systems may decrease due to the high maintenance and installation costs, which increase the overall cost of the product. The increase in the cost of production may reduce the profits for the manufacturers or may increase the per-unit price of the product for the consumers.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Type Insights

The concrete edge protection systems segment is expected to account for the largest share of the global edge protection systems market over the forecast period. It is used as a structural barrier in construction activities or in buildings to prevent the fall of objects. These systems are designed to protect objects and humans from falling from any edges of the structure. They can also be used as protection systems in potentially dangerous areas such as landslides and accidents. The provision of safety assurance and its wide adoption drive the segmental expansion.

By Application Insights

The commercial construction segment is expected to have significant demand in the edge protection systems market during the forecast period. Commercial construction, such as construction, is created to protect pedestrians and vehicles from falling over the open edges of buildings or rooftops. As these constructions increase in number, they drive the demand for the segment. More adoption is seen in the areas where people want to increase height safety, such as in painting and cleaning windows of tall buildings. Infrastructure is the next high-market-demand holding segment in the market.

REGIONAL ANALYSIS

North America is expected to grow at a high and fast CAGR in the edge protection systems market. In this region, well-developed countries such as the U.S. benefit greatly from edge protection systems due to their wide adoption in many construction areas. A rise in capital income will also drive the market in the developing and developed nations in the region. The growing awareness regarding protection techniques and increasing investments in the commercial sectors will propel the market in developing nations. Europe also has the largest market, followed by the Asia-Pacific region.

KEY MARKET PLAYERS

Companies playing a key role in the global edge protection systems market include BrandSafway, PERI, Doka, Altrad Group, ULMA, Rapid-EPS, SafetyRespect, Honeywell (Combisafe), Billington and KGUARD International.

RECENT HAPPENINGS IN THE MARKET

• In 2022, to acquire AGF Access Group, Inc., an agreement is signed by the BrandSafway. AGF Access Group, Inc., has two manufacturing sites in Canada with 24 branches in North America and is headquartered in L’Assomption, Quebec.

MARKET SEGMENTATION

This research report on the global edge protection systems market is segmented and sub-segmented based on type, application and region.

By Type

• Concrete
• Steel
• Timber

By Application

• Commercial Construction
• Infrastructure
• Industrial

By Country

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa